Last week, the White House announced a 100% Section 232 tariff on large drones and critical components, citing their dual-use applications. The duties are set to take effect on September 3.
The arrival of several cases of the omicron variant of COVID-19 in China has caused some supply chain snarls and increased control measures ahead of the Olympic games. To get a roundup, we’re on the line this week with our Beijing director, Lipei Zhang. Learn more about USCBC on our website
Phase One addresses a wide variety of issues regarding trade secrets, pharmaceutical-related IP, geographical indications, trademarks, and enforcement against pirated and counterfeit products.
At the two-year anniversary of the Phase One trade agreement, most of the deadlines for China’s structural commitments in agriculture, financial services, and intellectual property have passed. The US-China Business Council (USCBC) is tracking more than 150 technical commitments made as part of the agreement.
It has been over two years since the US-China Phase One trade agreement was inked by President Donald Trump and Vice Premier Liu He on January 15, 2020. USCBC has tracked over 150 commitments on items ranging from market access to improving intellectual property rights protection and administrative reforms.
